PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
XUKX.L vs. FSEU.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XUKX.L vs. FSEU.L

Last updated Jun 5, 2026

XUKX.L (Xtrackers FTSE 100 UCITS ETF Income 1D) and FSEU.L (iShares Edge MSCI Europe Multifactor UCITS) are both Europe Equities funds - XUKX.L tracks the FTSE AllSh TR GBP while FSEU.L tracks the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, XUKX.L returned 4.48%/yr vs 10.82%/yr for FSEU.L. Their correlation of 0.80 suggests significant overlap in exposure. XUKX.L charges 0.09%/yr vs 0.45%/yr for FSEU.L.

Performance

XUKX.L vs. FSEU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers FTSE 100 UCITS ETF Income 1D (XUKX.L) and iShares Edge MSCI Europe Multifactor UCITS (FSEU.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, XUKX.L achieves a 4.28% return, which is significantly lower than FSEU.L's 9.29% return. Over the past 10 years, XUKX.L has underperformed FSEU.L with an annualized return of 4.48%, while FSEU.L has yielded a comparatively higher 10.82% annualized return.

XUKX.L

1D
0.26%
1M
0.81%
YTD
4.28%
6M
6.50%
1Y
17.32%
3Y*
10.30%
5Y*
7.35%
10Y*
4.48%

FSEU.L

1D
0.52%
1M
1.83%
YTD
9.29%
6M
12.30%
1Y
23.28%
3Y*
18.33%
5Y*
10.74%
10Y*
10.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XUKX.L vs. FSEU.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XUKX.L
Xtrackers FTSE 100 UCITS ETF Income 1D		4.28%22.37%4.09%3.60%-2.09%14.55%-17.78%12.73%-12.82%6.99%
FSEU.L
iShares Edge MSCI Europe Multifactor UCITS		9.29%27.11%9.24%16.69%-10.53%18.42%5.03%18.30%-10.14%16.67%

Correlation

The correlation between XUKX.L and FSEU.L is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.76

Correlation (5Y)
Calculated over the trailing 5-year period

0.77

Correlation (10Y)
Calculated over the trailing 10-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Sep 9, 2015

0.80

The correlation between XUKX.L and FSEU.L has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

XUKX.L vs. FSEU.L - Sectors Allocation Comparison

Sectors
XUKX.L
FSEU.L

Financial Services

26.4%
28.0%

Consumer Defensive

13.6%
8.2%

Industrials

13.0%
17.7%

Healthcare

12.9%
11.5%

Energy

10.5%
5.8%

Basic Materials

8.6%
2.1%

Utilities

4.9%
5.4%

Consumer Cyclical

4.5%
6.2%

Communication Services

2.3%
5.4%

Real Estate

1.0%
1.3%

Technology

0.3%
8.4%

Financial Services

XUKX.L
26.4%
FSEU.L
28.0%

Consumer Defensive

XUKX.L
13.6%
FSEU.L
8.2%

Industrials

XUKX.L
13.0%
FSEU.L
17.7%

Healthcare

XUKX.L
12.9%
FSEU.L
11.5%

Energy

XUKX.L
10.5%
FSEU.L
5.8%

Basic Materials

XUKX.L
8.6%
FSEU.L
2.1%

Utilities

XUKX.L
4.9%
FSEU.L
5.4%

Consumer Cyclical

XUKX.L
4.5%
FSEU.L
6.2%

Communication Services

XUKX.L
2.3%
FSEU.L
5.4%

Real Estate

XUKX.L
1.0%
FSEU.L
1.3%

Technology

XUKX.L
0.3%
FSEU.L
8.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers FTSE 100 UCITS ETF Income 1D

iShares Edge MSCI Europe Multifactor UCITS

Often compared with XUKX.L:
XUKX.L vs. VUKE.LXUKX.L vs. DHSXUKX.L vs. CUKX.LXUKX.L vs. VUKG.LXUKX.L vs. DGRWXUKX.L vs. VHYL.ASXUKX.L vs. S100.L
Often compared with FSEU.L:
FSEU.L vs. BIAHXFSEU.L vs. SMEA.LFSEU.L vs. VHYL.ASFSEU.L vs. GOOGFSEU.L vs. XDEQ.LFSEU.L vs. CS1.LFSEU.L vs. CNDX.L

Return for Risk

XUKX.L vs. FSEU.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XUKX.L
XUKX.L Risk / Return Rank: 4444
Overall Rank
XUKX.L Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
XUKX.L Sortino Ratio Rank: 4545
Sortino Ratio Rank
XUKX.L Omega Ratio Rank: 4747
Omega Ratio Rank
XUKX.L Calmar Ratio Rank: 4040
Calmar Ratio Rank
XUKX.L Martin Ratio Rank: 4040
Martin Ratio Rank
FSEU.L
FSEU.L Risk / Return Rank: 6060
Overall Rank
FSEU.L Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FSEU.L Sortino Ratio Rank: 6060
Sortino Ratio Rank
FSEU.L Omega Ratio Rank: 6363
Omega Ratio Rank
FSEU.L Calmar Ratio Rank: 5555
Calmar Ratio Rank
FSEU.L Martin Ratio Rank: 5858
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XUKX.L vs. FSEU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE 100 UCITS ETF Income 1D (XUKX.L) and iShares Edge MSCI Europe Multifactor UCITS (FSEU.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

XUKX.LFSEU.LDifference
Sharpe ratioReturn per unit of total volatility
1.59
2.01

-0.42

Sortino ratioReturn per unit of downside risk
2.23
2.80

-0.58

Omega ratioGain probability vs. loss probability

1.29

1.38

-0.08

Calmar ratioReturn relative to maximum drawdown

1.97

2.70

-0.73

Martin ratioReturn relative to average drawdown

6.29

10.05

-3.76

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUKX.L vs. FSEU.L - Sharpe Ratio Comparison

The current XUKX.L Sharpe Ratio is 1.59, which is comparable to the FSEU.L Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of XUKX.L and FSEU.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

XUKX.LFSEU.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.59

2.01

-0.42

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.79

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.29

0.74

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.74

-0.62

Drawdowns

XUKX.L vs. FSEU.L - Drawdown Comparison

The maximum XUKX.L drawdown since its inception was -46.73%, which is greater than FSEU.L's maximum drawdown of -29.40%. Use the drawdown chart below to compare losses from any high point for XUKX.L and FSEU.L.

Loading charts...

Drawdown Indicators

XUKX.LFSEU.LDifference

Max Drawdown

Largest peak-to-trough decline

-46.73%

-29.40%

-17.33%

Max Drawdown (1Y)

Largest decline over 1 year

-8.79%

-8.57%

-0.22%

Max Drawdown (3Y)

Largest decline over 3 years

-13.13%

-12.08%

-1.05%

Max Drawdown (5Y)

Largest decline over 5 years

-14.42%

-20.33%

+5.91%

Max Drawdown (10Y)

Largest decline over 10 years

-35.37%

-29.40%

-5.97%

Current Drawdown

Current decline from peak

-4.97%

-0.47%

-4.50%

Average Drawdown

Average peak-to-trough decline

-10.43%

-4.14%

-6.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.75%

2.31%

+0.44%

Volatility

XUKX.L vs. FSEU.L - Volatility Comparison

Xtrackers FTSE 100 UCITS ETF Income 1D (XUKX.L) has a higher volatility of 3.95% compared to iShares Edge MSCI Europe Multifactor UCITS (FSEU.L) at 3.39%. This indicates that XUKX.L's price experiences larger fluctuations and is considered to be riskier than FSEU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

XUKX.LFSEU.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.95%

3.39%

+0.56%

Volatility (6M)

Calculated over the trailing 6-month period

9.45%

9.41%

+0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

10.93%

11.53%

-0.60%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.11%

13.57%

-0.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.60%

14.65%

+0.95%

XUKX.L vs. FSEU.L - Expense Ratio Comparison

XUKX.L has a 0.09% expense ratio, which is lower than FSEU.L's 0.45% expense ratio.

Dividends

XUKX.L vs. FSEU.L - Dividend Comparison

XUKX.L's dividend yield for the trailing twelve months is around 0.03%, while FSEU.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
FSEU.L
iShares Edge MSCI Europe Multifactor UCITS		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XUKX.L
Xtrackers FTSE 100 UCITS ETF Income 1D		0.03%0.03%0.05%0.04%0.07%0.03%0.06%0.04%0.05%0.04%0.03%0.00%

Frequently Asked Questions

XUKX.L and FSEU.L have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, XUKX.L is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

XUKX.L is cheaper with a 0.09% expense ratio, compared with 0.45% for FSEU.L.

XUKX.L tracks FTSE AllSh TR GBP, while FSEU.L tracks MSCI Europe NR EUR. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for XUKX.L and 0.45% for FSEU.L.

Portfolio Optimizer

Find the right allocation for XUKX.L and FSEU.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer